Cannabis Market - Forecasts from 2025 to 2030
Description
The Cannabis Market is expected to grow from US$59.603 billion in 2025 to US$132.935 billion in 2030, at a CAGR of 17.40%.
Cannabis is a psychoactive substance extracted from the cannabis plant native to Central and South Asia. It is known by many other names, such as hemp (industrial name), marijuana, grass, CBD, etc. Since ancient times, cannabis has also been used in traditional remedy preparations, entheogenic use, and recreational use. Cannabis can be consumed orally, through vapors, or as an extract. There are a variety of psychological and physiological effects associated with cannabis consumption, such as altered states of consciousness, euphoria, trouble focusing, impaired balance and fine psychomotor control, reduced short-term memory, relaxation, and increased appetite.
Legal growers & producers, customers, independent industrial standards bodies, auxiliary goods and service providers, regulators, and experts on cannabis and hemp, its industrial derivative, comprise the cannabis business. Regulatory limitations have hindered the cannabis business for most of recent history, but as more countries allow medicinal and adult use, the legal cannabis sector has grown quickly. Therefore, the rising legalization of cannabis products for medicinal purposes in various countries is the primary reason driving the growth of the global market during the projection period.
Segments covered under the cannabis market report are as below:
Cannabis Market By Type
Flowers/Buds
Concentrates
Cannabis Market By End-User
Medical
Recreational
Industrial Hemp
Cannabis Market By Component
THC-Dominant
Balanced THC and CBD
CBD-Dominant
Cannabis Market By Geography
North America
By Type
By End-User
By Component
By Country
USA
Canada
Mexico
South America
By Type
By End-User
By Component
By Country
Brazil
Argentina
Others
Europe
By Type
By End-User
By Component
By Country
United Kingdom
Germany
France
Spain
Others
Middle East And Africa
By Type
By End-User
By Component
By Country
Saudi Arabia
UAE
Others
Asia Pacific
By Type
By End-User
By Component
By Country
China
Japan
India
South Korea
Taiwan
Others
Cannabis is a psychoactive substance extracted from the cannabis plant native to Central and South Asia. It is known by many other names, such as hemp (industrial name), marijuana, grass, CBD, etc. Since ancient times, cannabis has also been used in traditional remedy preparations, entheogenic use, and recreational use. Cannabis can be consumed orally, through vapors, or as an extract. There are a variety of psychological and physiological effects associated with cannabis consumption, such as altered states of consciousness, euphoria, trouble focusing, impaired balance and fine psychomotor control, reduced short-term memory, relaxation, and increased appetite.
Legal growers & producers, customers, independent industrial standards bodies, auxiliary goods and service providers, regulators, and experts on cannabis and hemp, its industrial derivative, comprise the cannabis business. Regulatory limitations have hindered the cannabis business for most of recent history, but as more countries allow medicinal and adult use, the legal cannabis sector has grown quickly. Therefore, the rising legalization of cannabis products for medicinal purposes in various countries is the primary reason driving the growth of the global market during the projection period.
Segments covered under the cannabis market report are as below:
Cannabis Market By Type
Flowers/Buds
Concentrates
Cannabis Market By End-User
Medical
Recreational
Industrial Hemp
Cannabis Market By Component
THC-Dominant
Balanced THC and CBD
CBD-Dominant
Cannabis Market By Geography
North America
By Type
By End-User
By Component
By Country
USA
Canada
Mexico
South America
By Type
By End-User
By Component
By Country
Brazil
Argentina
Others
Europe
By Type
By End-User
By Component
By Country
United Kingdom
Germany
France
Spain
Others
Middle East And Africa
By Type
By End-User
By Component
By Country
Saudi Arabia
UAE
Others
Asia Pacific
By Type
By End-User
By Component
By Country
China
Japan
India
South Korea
Taiwan
Others
Table of Contents
142 Pages
- 1. EXECUTIVE SUMMARY
- 2. MARKET SNAPSHOT
- 2.1. Market Overview
- 2.2. Market Definition
- 2.3. Scope of the Study
- 2.4. Market Segmentation
- 3. BUSINESS LANDSCAPE
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Porter’s Five Forces Analysis
- 3.5. Industry Value Chain Analysis
- 3.6. Policies and Regulations
- 3.7. Strategic Recommendations
- 4. CANNABIS MARKET BY TYPE
- 4.1. Introduction
- 4.2. Flowers/Buds
- 4.3. Concentrates
- 5. CANNABIS MARKET BY END-USER
- 5.1. Introduction
- 5.2. Medical
- 5.3. Recreational
- 5.4. Industrial Hemp
- 6. CANNABIS MARKET BY COMPONENT
- 6.1. Introduction
- 6.2. THC-Dominant
- 6.3. Balanced THC and CBD
- 6.4. CBD-Dominant
- 7. CANNABIS MARKET BY GEOGRAPHY
- 7.1. Introduction
- 7.2. North America
- 7.2.1. By Type
- 7.2.2. By End-User
- 7.2.3. By Component
- 7.2.4. By Country
- 7.2.4.1. USA
- 7.2.4.2. Canada
- 7.2.4.3. Mexico
- 7.3. South America
- 7.3.1. By Type
- 7.3.2. By End-User
- 7.3.3. By Component
- 7.3.4. By Country
- 7.3.4.1. Brazil
- 7.3.4.2. Argentina
- 7.3.4.3. Others
- 7.4. Europe
- 7.4.1. By Type
- 7.4.2. By End-User
- 7.4.3. By Component
- 7.4.4. By Country
- 7.4.4.1. United Kingdom
- 7.4.4.2. Germany
- 7.4.4.3. France
- 7.4.4.4. Spain
- 7.4.4.5. Others
- 7.5. Middle East and Africa
- 7.5.1. By Type
- 7.5.2. By End-User
- 7.5.3. By Component
- 7.5.4. By Country
- 7.5.4.1. Saudi Arabia
- 7.5.4.2. UAE
- 7.5.4.3. Others
- 7.6. Asia Pacific
- 7.6.1. By Type
- 7.6.2. By End-User
- 7.6.3. By Component
- 7.6.4. By Country
- 7.6.4.1. China
- 7.6.4.2. Japan
- 7.6.4.3. India
- 7.6.4.4. South Korea
- 7.6.4.5. Taiwan
- 7.6.4.6. Others
- 8. COMPETITIVE ENVIRONMENT AND ANALYSIS
- 8.1. Major Players and Strategy Analysis
- 8.2. Market Share Analysis
- 8.3. Mergers, Acquisitions, Agreements, and Collaborations
- 8.4. Competitive Dashboard
- 9. COMPANY PROFILES
- 9.1. Aurora Cannabis Inc
- 9.2. Tilary, Inc
- 9.3. Canopy Growth Corporation
- 9.4. CannTrust Holdings Inc
- 9.5. VIVI Cannabis Inc
- 9.6. Cronos Group Inc
- 9.7. Jazz Pharmaceuticals
- 9.8. OrganiGram Holdings
- 9.9. Lexaria Corp.
- 9.10. ABcann Medicinals Inc
- 10. APPENDIX
- 10.1. Currency
- 10.2. Assumptions
- 10.3. Base and Forecast Years Timeline
- 10.4. Key Benefits for the Stakeholders
- 10.5. Research Methodology
- 10.6. Abbreviations
Pricing
Currency Rates
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